Self Study/On-Demand
INCPAS On-Demand: How Changes in Business Methods Affects Internal Control (Part 1)
The term "artificial intelligence" (AI) has become mainstream and while most have a layperson's understanding of AI, few know the depth and breadth of this technology's capability. AI is affecting just about everything in business and in people's personal lives. The operation of an internal control system is also changing because of this incredible advancement. This session explains what AI is and how it works and then goes into detail about how it can be applied to a system of internal control. The material speaks about changes occurring in today's world as well as what's coming in the not-too-distant future.
Learning Objectives
After attending this presentation, you will be able to...
- Recognize changes that are occurring because of AI.
- Recall specific control types that have changed.
- Identify ways AI will strengthen controls.
Highlights
After attending this presentation, you will be able to...
- Recognize changes that are occurring because of AI.
- Recall specific control types that have changed.
- Identify ways AI will strengthen controls.
Event Level: Basic
Field of Study: Accounting and Auditing
Who Should Attend
Accounting and other business professionals with a need to understand internal control changes driven by AI technology.
Required Knowledge
None
